The average of price targets set by Wall Street analysts indicates a potential upside of 37.7% in Inter Parfums (IPAR). While the effectiveness of this highly sought-after metric is questionable, the
Inter Parfums' (IPAR) robust Q3 performance positions it for continued success, with a strategic focus on innovation, market expansion and prudent financial management in the fragrance industry.

Inter Parfums (IPAR) Q3 Earnings Beat Estimates

08:17pm, Tuesday, 07'th Nov 2023
Inter Parfums (IPAR) came out with quarterly earnings of $1.66 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.30 per share a year ago.
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COTY's first-quarter results are likely to reflect gains across the Prestige and Consumer Beauty businesses. A focus on core priorities has been working well for Coty.
Inter Parfums (IPAR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
COTY benefits from its strength across businesses, strategic priorities and cost optimization programs. However, it has been grappling with rising operating costs and expenses.
Inter Parfums (IPAR) has been gaining from its focus on launching new products and forming licensing agreements with renowned brands. Robust demand for fragrances is also working well.
Tap five stocks with increasing P/E ratios to try an out-of-the-box approach. These stocks include AMC Entertainment (AMC), Yum Brands (YUM), Inter Parfums (IPAR), TripAdvisor (TRIP) and Sera Prognost
Inter Parfums (IPAR) benefits from the robust demand for fragrances. A focus on product launches and licensing agreements with renowned brands is also working well for the company.
Per sources, COTY is moving ahead with its plans to be listed on the Paris Stock Exchange. A day earlier, the company raised its guidance for the first half and fiscal 2024.
Stocks like Inter Parfums (IPAR), Abercrombie & Fitch (ANF) and Modine Manufacturing (MOD) have been selected as the momentum picks for the day using the Driehaus strategy.
Inter Parfums (IPAR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase
Inter Parfums (IPAR) benefits from the favorable demand for fragrances and a focus on product launches and licensing deals with renowned brands.
The Zacks Cosmetics industry is witnessing inflationary pressure and supply-chain challenges. Focus on digital business and innovations is aiding Coty, e.l.f.
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